128. Financial Wellbeing and Work: Supporting the Sandwich Generation with Aadil Abbas and Prina Shah

Discover the keys to balancing the demanding roles of parent and caregiver in our insightful discussion with financial planner Aadil Abbas from Own Financial Planning in Sydney. Learn practical strategies to navigate the financial and emotional challenges faced by the sandwich generation—those in their 40s and 50s who are simultaneously supporting their children and aging parents. We take a deep dive into significant expenses, such as private school fees and medical care costs, and stress the importance of proactive financial planning. Aadil also shares his expertise on how workplace policies like carer's leave and flexible work options can provide essential support during these peak income-earning years.We break down the necessity of having crucial conversations, both in the workplace and at home. From addressing well-being needs with your employer to planning advanced care with your parents, the episode underscores the importance of open and proactive communication. Aadil's invaluable insights not only highlight the financial aspects but also the emotional and practical considerations of managing dual responsibilities. This episode is a must-listen for anyone caught in the middle of generational caregiving, offering actionable advice and heartfelt reflections to help you navigate this complex life stage - and workplaces MUST tune in to support their workforce.EPISODE CHAPTERS WITH SHORT KEY POINTS(0:00:06) - Managing the Sandwich Generation DilemmaFinancial and emotional strain of sandwich generation caring for children and aging parents, proactive planning and workplace policies.(0:09:59) - Conversations on Work and FamilyAddressing well-being needs at work and having advanced care plan conversations with parents are crucial.Tune into past episodes with wonderful Aadil. Money Smart site: https://moneysmart.gov.au/about-usLearn more about Aadil and connect with him on LinkedInSend Prina a text to let her know how you'd change the workplace If you are seeking professional advice or would like to change your company culture through training, consulting, speaking and coaching, get in touch,  email me.Say hi!Sign up to my monthylish practical newsletter Get in touch with me, PrinaCheck  out my website⁠⁠⁠ - do a professional stalk...Follow me on LinkedInFind out what I am up to on Instagram⁠⁠⁠ Grab a copy of Make Work Meaningful and start creating your own legacy at work and leave me a review. Subscribe to the Ways to Change the Workplace Podcast for more actionable insights. Prina (Helping you find GREAT ways to change your workplace) Shah